PLEASE ANSWER ALL 3 MULTIPLE CHOICE

Information that is relevant: has feedback/confirmatory value. has predictive value. is capable of making a difference in a decision. all of the above (all of the above are ingredients of the characteristic of relevance). The gross profit method is based on which of the following assumptions? The beginning inventory plus purchases equals the cost of goods available for sale that must be accounted for. Goods not included in cost of goods sold must be on hand in ending inventory. When the net sales, reduced to cost, are deducted from the cost of goods available for sale, the result is an estimated of the ending inventory. All of the above. Which of the following best describes the concept of product costs? They are costs that are "attached" to inventory. They are costs that are usually expenses. They usually don't include freight charges. They usually don't include conversion costs